Knowledge Base

Politics and Congressional Activity

The announcement by Supreme Court Justice Kennedy that he will retire from the Court as of July 31 st will have a significant impact on the agenda for Congress this fall leading up the mid-term elections. Senate Majority Leader McConnell (R-KY) has...Read more >

The Spanish Tax Authorities (DGT) have issued a binding tax ruling (V2288-17, dated 8/9/2017) on the VAT implications for a US company, which is non-established in Spain, derived from its imports and intracommunity acquisitions...Read more >


Speculation is growing about whether House Speaker Paul Ryan (R-WI) will step down before the mid-term elections, since he has already announced his retirement at the end of this session of Congress and he has experienced some challenges within his party on...Read more >

During its meeting of May 25, 2018 the Economic and Financial Affairs (ECOFIN) Council adopted a COUNCIL DIRECTIVE amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation in...Read more >

Politics and Congressional Activity

House Speaker Paul Ryan (R-WI) announced that he will retire from Congress when the current legislative session officially ends in early 2019 (following the 2018 mid-term elections). He has served 10 terms in the House, became Chair of the Ways &...Read more >

The Spanish General Directorate of Taxation (DGT) has considered (binding tax ruling V2137-17 , dated August 18 th 2017) that a Permanent Establishment in Colombia of a Spanish Company, which obtains income in US, cannot benefit from...Read more >

The European Commission has launched a website focusing on the withdrawal of the U.K. from the European Union, and its impact on the taxation and customs union.

The publication identifies the clear...Read more >

With the enactment of the Tax Cuts and Jobs Act (H.R. 1) on December 22, 2017, many companies have been scrambling to incorporate the impact into their year-end financial statements. While implementation guidance has been slowly making its way to tax professionals, it is imperative that...Read more >


Congressional Agenda/Schedule for 2018

Prior to leaving for a 2-week recess, Congressional leaders approved legislation called the Consolidated Appropriations Act, 2018, which is an omnibus spending package that funds the federal government for the...Read more >